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ziq wrote (edited )

If it was still state capitalism in practice, but given a new name by the new leader, it didn't end. That's just rebranding.

In January 1992, the Central Committee of the Communist Party of New Zealand came to the conclusion that the “capitalist counter-revolution” in Russia had begun in the Stalin era, not with Khrushchev in the 1950s as the CPNZ had previously asserted.

The Stalinist “bureaucrats” dominated the state apparatus and “coalesced into a new ruling class expropriating the fruits of the labour of workers and peasants”, the Central Committee declared.

These words are taken from the inner party circular of January 1992 announcing the Central Committee’s conclusions. Over the next year and a half, the CPNZ’s members and friends made a detailed study of events in Russia during the Stalin era.

The CPNZ’s 25th National Conference in September 1993 passed a resolution condemning Stalinism as the “gravedigger of the Bolshevik Revolution” and the “builder of state capitalism” in the Soviet Union. And conference adopted the declaration on Stalinism which you are now reading.

The Stalinist bureaucracy built state capitalism in Russia on the ruins of working class state power. Because this counter-revolution was carried out in the name of “socialism”, however, it had such a devastating impact on the international working class that the effects are felt to this day.